This instrument is the Public Governance, Performance and Accountability (Financial Reporting) Amendment Rule 2018.

(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information
Column 1	Column 2	Column 3
Provisions	Commencement	Date/Details
1. The whole of this instrument	The day after this instrument is registered.	28 March 2018

Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.

(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.

3 Authority

This instrument is made under the Public Governance, Performance and Accountability Act 2013.

4 Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.

Schedule 1—Amendments

Public Governance, Performance and Accountability (Financial Reporting) Rule 2015

1 Subsection 3(2)

Omit “2016”, substitute “2017”.

2 Paragraph 18(3)(a)

Repeal the paragraph, substitute:

(a) an AAS (the listed AAS) listed in that item in relation to a matter (the listed matter) listed in that item; and

3 Subsection 18(3) (table)

Repeal the table, substitute:

Tier 1 reporting requirements
Item	Reporting entity	Listed matter	Listed AAS
1	Airservices Australia	Defined benefit superannuation Financial instruments Fair value measurement	AASB 7 Financial Instruments: Disclosure AASB 13 Fair Value Measurement AASB 119 Employee Benefits
2	Clean Energy Finance Corporation	Financial instruments Fair value measurement	AASB 7 Financial Instruments: Disclosure AASB 13 Fair Value Measurement
3	Department of Defence	Administered defined benefit superannuation	AASB 119 Employee Benefits
4	Department of Education and Training	Administered financial assets Administered financial instruments Administered fair value measurement	AASB 7 Financial Instruments: Disclosure AASB 13 Fair Value Measurement
5	Department of Finance	Administered defined benefit superannuation Administered investments Administered financial instruments Administered fair value measurement	AASB 7 Financial Instruments: Disclosure AASB 13 Fair Value Measurement AASB 119 Employee Benefits
6	Department of Foreign Affairs and Trade	Administered financial assets Administered financial instruments Administered fair value measurement Non‑financial assets Fair value measurement	AASB 7 Financial Instruments: Disclosure AASB 12 Disclosure of Interests in Other Entities AASB 13 Fair Value Measurement AASB 116 Property, Plant and Equipment
7	Department of Industry, Innovation and Science	Administered financial assets Administered financial instruments Administered fair value measurement	AASB 7 Financial Instruments: Disclosure AASB 13 Fair Value Measurement
8	Department of the Treasury	Administered financial instruments Administered investments Administered fair value measurement	AASB 7 Financial Instruments: Disclosure AASB 12 Disclosure of Interests in Other Entities AASB 13 Fair Value Measurement